News
Nigeria: Access Bank Closa Agents hit the 100,000 mark – focused on bringing banking closer to Nigerians
Access Bank’s commitment to delivering banking services to at least one in every two Nigerians has been reaffirmed as the leading retail financial ...
Egypt
Egypt: Egyptian fintech startup Nexta raises $2.2m pre-seed round
Egyptian fintech and next-generation banking startup Nexta is set to launch operations after satisfying all Central Bank of Egypt (CBE) requirements and securing ...
News
Nigeria: Abbey Mortgage Bank Launches Mobile Banking App
Abbey Mortgage Bank once again blazed the trail in the financial services industry with the launch of its data friendly mobile banking application. ...
News
Nigeria: Airtel Nigeria Upgrades All 2G & 3G Cell Sites to 4G
Airtel Nigeria, the West African arm of telecom Airtel Africa, has announced that it is upgrading all of its cell sites to 4G ...
Kenya
Kenya: Dennis Musau Replaces Abraham Ongenge as Stanbic Bank CFO
Stanbic Bank Kenya has named Dennis Musau as the new Chief Finance and Value Officer effective March 1. Musau will replace Abraham Ongenge ...
News
Rwanda: Mulls VAT Levy on Netflix, Other Digital Firms
Rwanda is considering collecting Value Added Tax (VAT) on online services consumed within the country, The New Times has learned. According to information ...
Ghana
Ghana: GRA Launches Portal for Non-Resident Digital Service Providers to Pay Tax
An online portal to enable non-resident digital service providers to pay taxes has been launched in Accra. The Non-Resident E-Commerce/Digital Service(s) Registration Portal ...
News
Nigeria: Banks Reduce FX Spend Limit by 80% for Individuals
Nigerian banks have cut their customers’ naira cards monthly spending by 80%, according to flurry emails seen by MarketForces Africa as part of ...
Africa
Africa: Canza Finance raises $3.27M Seed round to empower underserved sub-Saharan Africa SMEs with financial services
Fundraising led by Fenbushi Capital will help to expand Africa’s Web 3.0 and DeFi ecosystems Canza Finance, an emerging markets neobank that is ...
Nigeria
Nigeria: Nigeria buy now pay later startup Klump raises $780k pre-seed funding
Lagos-based buy now pay later (BNPL) startup Klump has raised a US$780,000 pre-seed funding round to help it launch its flagship “Pay with ...